Overview

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Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

2012

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
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2022
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AI Summary

HOUSTON BIKE SHARE is a nonprofit organization dedicated to community and economic development and health, focusing on Houston. Its mission is to develop and operate a network of bike share stations throughout the city, providing residents and visitors with an alternative transportation option that promotes a healthy lifestyle. With an operating budget of $2 million and total revenue of $776.3K for the 2024 filing year, the organization receives significant support from key funders, including the VERIZON FOUNDATION and the CENTERPOINT ENERGY FOUNDATION INC.

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Mission Statement

TO DEVELOP AND OPERATE A NETWORK OF BIKE SHARE STATIONS THOUGHOUT THE CITY OF HOUSTON TO ALLOW CITY RESIDENTS AND VISITORS ANOTHER TRANSPORTATION OPTION TO MOVE AROUND THE CITY AND ENCOURAGE A HEALTHY LIFESTYLE.

Cause Areas

2
Health
Community and economic development
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Financials

2024
Revenues
$776.3K
Expenses
$2M
Net Income:
-$1.2M
Assets
$0
Liabilities
$0
Net Assets:
+$0

Financial Trends

2024
Operating Budget
$2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
TEXAS MEDICAL CENTER
Houston, TX, US
$170.3K
40%
PEOPLEFORBIKES FOUNDATION
Boulder, CO, US
$31.5K
3%
CENTERPOINT ENERGY FOUNDATION INC
HOUSTON, TX, US
$25K
< 1%

Grants Received

2022
Total No. of Grants
2
Median grant size
$16K
Largest grant received
$25K

Board & Team

R
Rachel Dvoretzky
Board Member
N
Neeraj Tandon
Board Member
J
James Llamas
Board Member

Frequently Asked Questions

What is HOUSTON BIKE SHARE’s budget?
In 2024, HOUSTON BIKE SHARE reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does HOUSTON BIKE SHARE support?
HOUSTON BIKE SHARE supports work in Health and Community and economic development.
Where does HOUSTON BIKE SHARE operate?
HOUSTON BIKE SHARE is headquartered in Houston, TX.
Who funded HOUSTON BIKE SHARE recently?
In 2022, HOUSTON BIKE SHARE received grants from CENTERPOINT ENERGY FOUNDATION INC, PEOPLEFORBIKES FOUNDATION, and PEOPLEFORBIKES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant HOUSTON BIKE SHARE received in 2022?
The largest grant to HOUSTON BIKE SHARE in 2022 exceeds $25 thousand.